ISLAMABAD - Chairman Pakistan Tehreek-e-Insaf Imran Khan has deplored the decision of the Government to cut back on budget of the universities that has touched off severe reaction in the educational circles of the country. Addressing a meeting of Insaf Student Federation (ISF) at partys central Secretariat, Khan described it as a retrogressive step, which would further starve the already starved educational sector of the country. The annual budget earmarked by the Government for education was already very skimpy and parsimonious and further cut in it was likely to damage it beyond repairs, Imran added. Imran Khan said it was extremely shameful on the part of the Government that instead of saving money by making drastic cuts in the annual budgets of the presidency and the Prime Minister house as well as in the foreign exchange earmarked for the foreign jaunts of the VVIPs, the Government had axed the educational sector for tiding over the economic crisis being faced by the country. PTI Chairman demanded that Prime Minister Syed Yousuf Raza Gilani should cancel his proposed visit to Europe during the next few days and the money saved from it should be diverted to the productive sectors like education. He also accused the Govt of losing 250 billion in Govt Corporation by corruption and incompetence. He said the PTI would stand by the professors and students.